"The pace is dizzying. We hadn't even fully gotten our heads around the Sonny Angels when we were swept away by the Labubu, hairy elves with nine teeth having more or less is the definitive sign that it's a fake, like the ones circulating on Amazon, reveals Cynthia Pavon, a 24-year-old collector living in Miami. She buys hers in a physical store because falling for a fake Labubu lafufus, she calls them is a humiliation."
"To ensure authenticity, many people order theirs directly from the Pop Mart website, the Chinese company that created them in 2015 and sells them starting at $14 (although some can resell for several hundred). But then they'll have to wait for shipping, and live with the fear that by the time the package arrives, Labubus will have gone out of style and there will be another cute collectible to chase by land, sea, and air."
"It could happen, Pavon acknowledges in an Instagram post. There are too many Labubu, they'll soon stop being a status symbol. There's even speculation that they could be displaced by Crybaby also from Pop Mart dolls with big, tear-filled eyes that have embarked on a very similar path to success: Lisa, from the K-pop band Blackpink and star of The White Lotus, was seen with a Crybaby Cherry hanging from her Louis Vuitton bag."
Collectible toy fads move rapidly from one design to the next and attract broad attention even from non-buyers. Labubu figures, created by Pop Mart in 2015, retail for about $14 and can resell for several hundred dollars. Collectors worry about counterfeit Labubu and often buy in person or directly from Pop Mart to ensure authenticity. Shipping delays create anxiety that figures will fall out of fashion before arrival. Pop Mart's Crybaby dolls follow a similar trajectory, aided by celebrity visibility and luxury-brand associations that feed resale and status dynamics.
Read at english.elpais.com
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